December’s 8 per cent year-over-year increase in sales volume in the city of Calgary capped a year that saw an 11 per cent growth in sales volume for the entire 12 months.
Read more: http://tinyurl.com/l4gydsy
Tag Archives: CREB PRESIDENT BECKY WALTERS
CREB® Industry Update – October 2013
Video: http://tinyurl.com/oblugka
CMHC Implementing New Rules
The Canada Mortgage and Housing Corporation (CMHC) have implemented new rules on guarantees it offers banks and other lenders. A move CREB®’s president said is a step to control a market the agency feels is “overheated”.
Read more: http://tinyurl.com/lhgeykf
IS THIS A GOOD YEAR TO BUY OR SELL?
The Calgary real estate market began recovering in 2012, and so far this year, the future is looking bright.
CREB® statistics for the first three months of the year, as well as its outlook for 2013, suggest the recovery is expected to continue. So, what does this mean for people who are considering buying or selling their homes?
Read more: http://tinyurl.com/a5zf9uo
TOWNS QUARTERLY REPORT
Tightening market conditions are supporting price growth in Airdrie, Okotoks and Cochrane, although overall inventory levels of property remain healthy in areas surrounding Calgary.
Property sales in the surrounding areas totalled 865 units after the first quarter of the year, running at a similar pace to the same period in 2012. As in the entire region, the number of new listings has been falling at double-digit rates. Relatively strong demand has placed downward pressure on somewhat elevated inventory levels and reduced the time product is on the market. However, overall inventory levels still remain at healthy levels, meaning the conditions are balanced for buyers and sellers.
Read more: http://tinyurl.com/c2xvzpv